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Do I Need Bankruptcy Attorney And What Forms Will I Need

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If you are in the process of having to file bankruptcy, and you are unsure of what you should do with your bankruptcy forms, then you should think about going to a bankruptcy attorney for advice. You will be able to get the forms needed, as well as help in filling them out. This way, you can be sure that you are filling out all the forms that you need to. The downside to this is you will need about $3000 to complete the entire process. One alternative to this is to hire an online bankruptcy service that will do basically the same thing as an attorney without the high costs or if with these services you will be able to get any information that you need regarding which of your belongings are exempt from the proceedings. If you are not sure which type of bankruptcy to file, you will also need to give advice as to whether Chapter 7 or Chapter 13 is best for you.

When you decide that filing bankruptcy is your only way out, you will have to collect all the forms specifically for your state. The bankruptcy forms you will need to fill out to complete your bankruptcy filing are as follows, voluntary petition bankruptcy, real property and personal property statements, list of exemptions, secured debts, priority debts and unsecured non-priority debts. You will be asked to provide contracts or lease verification and co-debtor information. Additionally, you will have to fill out detailed income and expense sheets and bankruptcy forms that list creditors. You will also be required to complete a statement of intention if you choose Chapter 7 protection.

A bankruptcy case is started by the filing of a petition. You must also file a statement of your assets and liabilities, and you must list all your creditors. If you choose to file a bankruptcy petition without the help of an attorney, you can obtain the required bankruptcy forms online. There is a range of filing fees for bankruptcy cases, depending on the chapter of the bankruptcy code under which you file. For information on the different chapters of the bankruptcy code, go to the US courts government website and go to the bankruptcy basics page which will have a large amount of information and descriptions of the codes.

If you're trying to file bankruptcy on your own, one thing that you need to do is to make sure your forms are for your state. It is a fact that the laws are a little different in every state, so if you're not careful you get into with the wrong form for your state. You should also check to make sure that you are actually getting legitimate and official bankruptcy forms, that way you will know that your filing was done correctly. Depending on where you look for your bankruptcy forms, you may be able to find some instructions that will help you figure out what information you need to get before you can fill out the bankruptcy forms. Make sure that you follow the instructions well, otherwise you might end up unable to file for bankruptcy, or you might not list the right assets or get the right things exempted from the bankruptcy proceedings.
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